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Bullboard - Stock Discussion Forum Snipp Interactive Inc SNIPF


Primary Symbol: V.SPN

Snipp Interactive Inc. is a Canada-based Platform-as-a-Service company. The Company's modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of clients and agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing zero party data that provides... see more

TSXV:SPN - Post Discussion

Snipp Interactive Inc > PICK IS RIGHT !!
View:
Post by OPENHEIMER on Sep 08, 2023 11:23am

PICK IS RIGHT !!

What Pick wrote is totally right !!

Their is ZERO credibility left with Atul, and the senior management at SNIPP.

So many missed dates and an audit and publishing financials does not take this long and have experince in this process working for a multinational.
It all stinks, and getting worse by every passing day.
Common sense would tell you that anyone in Atul's position would say to the new accounting company, "hey ladies and gents......we need a confirmed date based on what you see, as to when we can expect to get the financial statements certified and done, as we are losing face as a publicly traded company to our customers and more so investors" !!   Give us a date !!  Be conservative but give us a drop-dead date !!

No trust left after all these months, spinning their wheels in the mud !!!
All mickey mouse, and unacceptable.
Comment by stockpickerone! on Sep 08, 2023 1:20pm
You guys really think they wouldnt have told them that...as i said before they got the unaudited out with the auditors permission so not sure why so much nervousness. Yes they gave us dates - yes those dates flew by but they are not stupid to have done that not once but twice or thrice now...if there is anyone to blame here lets start with this audit firm. Its not like you can just sack a firm ...more  
Comment by francoisl13 on Sep 11, 2023 10:39am
Agree with you that they can't sack the auditor firm midway but they did provide dates more than once. What some of us are saying is that management looks very bad and is losing credibility facing the investment community. The lack of communication doesn't help either but, this is kind of 'normal' for Snipp management to not really communicate with their shareholders. This is a big ...more  
Comment by stockpickerone! on Sep 11, 2023 12:48pm
The management will pay if their audited results are not as they projected because of bad practices...short of that what possibly could be their fault...changing to a big auditor? Curious what the group thinks. Am pretty sure they would not have released dates without the auditor giving it to them. Their role is in preparing financials to the auditor and after that you sit and wait...
Comment by francoisl13 on Sep 12, 2023 9:47am
Just adding to what was said so far...they are now almost a full year behind in reporting (ie.:missing Q4 2022 and Q1 and Q2 2023). Who made the decision to switch to RSM Canada LLP? Who ever did, he or she should be fired for this mess.
Comment by Partwaythere on Sep 12, 2023 10:10am
Rhonda Klosler is the national chief operating officer for RSM Canada LLP. She is responsible for leading a team of professionals to help build a national firm servicing the middle market across Canada. She oversees the integration of all processes, policies and technology into a singular firm that serves as a first-choice advisor to clients globally. Rhonda is also market leader for Ontario ...more  
Comment by OPENHEIMER on Sep 13, 2023 7:30am
This long delay only spells trouble. The past financials must have been a mess. What are the chances that they never trade again, and the doors close, and if they do, the stock opens at $0.05 with the bell. A mistery wrapped in an enigma.  It is hard to comprehend all this. I have never seen this in all my years of trading. A month has almost passed since they gave some unadited numbers to ...more  
Comment by francoisl13 on Sep 14, 2023 11:17am
Based on the latest press release (which is a long, long time ago considering the situation they put themself in) I don't believe they'll be shutdown but your point about past financials being a mess is worth thinking about and starts to make more sense as time goes by. I, too, have never seen this in more than 20 years trading small caps companies. We all have to keep in mind that they ...more  
Comment by doggy123 on Sep 14, 2023 12:27pm
Balley Sports bankruptcy is probably the reason behinds close door..............they invested $5m dollars in SPN and now investors probably want something back from SPN.....probably lawsuits in the picture
Comment by sportsman80 on Sep 14, 2023 12:44pm
Doggy you're back, as usual you're information is incorrect.  As for Snipp this is a complete embaressment.  I have normally gotten quick responses to emails from Jaisun but have heard nothing on my inquiry this week so far.  From what I have been told the delay is due to the new audit firm needing to get information from the previous audit firm to finalize both year end and ...more  
Comment by francoisl13 on Sep 14, 2023 12:57pm
It was said before, Bally Sport is not linked to Bally's Corpration who invested in Snipp therefore, this is not the reason 'behinds close door' like you said.